• Activity
  • Votes
  • Comments
  • New
  • All activity
  • Showing only topics with the tag "poverty". Back to normal view
    1. GDP per capita vs. the federal poverty rate over the years (observation and discussion)

      Fair warning, I'm a dummy trying to talk about stuff I don't fully understand, but I wanted to see others' thoughts on this. In the 1960s, America's GDP (per capita) was $3,000. Also, in 1960, the...

      Fair warning, I'm a dummy trying to talk about stuff I don't fully understand, but I wanted to see others' thoughts on this.

      In the 1960s, America's GDP (per capita) was $3,000.
      Also, in 1960, the federal poverty limit was $3,000 for a family of four.

      In 2023, the GDP (per capita) was $82,034.
      The federal poverty limit for a family of four in 2023 was $30,000.

      This can't be good for the American people. Unless I'm drawing comparisons between two completely unrelated things?

      People who are barely in poverty today would have to earn ~2.7x the amount they earn to stay consistent with those who were barely in poverty in the 1960s if GDP and FPL were still equal to each other. So what about the families caught in the middle? Too high earnings to get help and too low to thrive? They just suffer, I guess.

      Out of curiosity, I calculated what the thresholds would be if the percentages of GDP to FPL were swapped between 2023 and 1960.

      1960s numbers adjusted if FPL matched 2023's percentage:
      GDP=$3,000
      FPL=$1,111

      1960s numbers adjusted if GDP matched the percentage comparison of 2023:
      GDP=$8,100
      FPL=$3,000

      Please let me know if it actually matters that the GDP per capita is 2.7x the federal poverty limit for a family of four. Also, let me know your thoughts.

      8 votes
    2. Relative financial burden imposed on university students by housing cost in Germany steadily increasing. About a third of all students close to poverty line. How does this compare to your region?

      The latest iteration of a study regarding the cost of student housing in Germany found, that rent prices for students have risen to a germany-wide average of 479€. Three years ago the average was...

      The latest iteration of a study regarding the cost of student housing in Germany found, that rent prices for students have risen to a germany-wide average of 479€. Three years ago the average was just 391€. In Munich the average cost for student housing has risen to no less than 760€. This is more than double than the housing-cost covered by BAföG, a public program providing financial support to students from low-income families. [1]

      Statistically, more than a third of students in Germany are at risk of poverty at the moment, meaning they have less than 60% of the country's mean income available. [2] [3]

      Also with regards to Munich specifically, the number of designated student housing facilities has not grown significantly or even dropped over the past few years, while the number of students has been steadily increasing. This means that more and more students have to look for rooms in shared apartments on the city's highly competitive housing market. Statistically, these students are those that live close to the poverty line particularly often.

      I realize that the cost of high-quality higher education in Germany is not as majorly fucked as for example in the USA, but still the financial burden on students is steadily increasing due to housing cost. How does this compare to where you're from? How is student housing organized in your city, how much does it cost relative to the mean income, and do you experience similar trends in your region?

      Sources (german), besides in-person conversations and experiences:
      [1] https://cms.moses-mendelssohn-institut.de/uploads/24_03_19_Wohnkosten_Studierende_804a7b53ef.pdf
      [2] https://www.spiegel.de/start/statistisches-bundesamt-mehr-als-ein-drittel-der-studierenden-lebt-unter-der-armutsgrenze-a-460cb19f-8a62-43ab-8b52-652814234250
      [3] https://youtu.be/UVaY8SCtjwg

      28 votes
    3. What charities/orgs are measurably effective in bringing people out of poverty and violence in US?

      The recent rise in hate crimes against Asian Americans has been an emotional topic for me. The thing that makes me sad is, it seems the most I can do to de-escalate a violent situation I see on...

      The recent rise in hate crimes against Asian Americans has been an emotional topic for me. The thing that makes me sad is, it seems the most I can do to de-escalate a violent situation I see on the news without putting myself in clear danger is to basically distract the aggressor from afar and comfort the victim afterwards.

      What makes the matter more complicated is, if you look at the demographics of those who tend to commit these violent crimes against Asian people, they're often other minorities. It's so easy to fall into a trap of undermining the progress we've made in racial/social equality the moment we acknowledge that Asians are being targeted. For similar reasons, I view that our political system is entirely ill-equipped to handle this matter in a sustainable matter.

      But I'd still like to turn this into something positive. Because I live comfortably as an engineer in the Bay Area, I was thinking I can donate to charities and organizations that are effective at bringing an end to this violence every time I see news about an Asian American getting targeted on social media. I plan on doing my own research as well, but I hope you can also give some suggestions.

      19 votes